In a new interview with Variety, the 40-year-old music mogul admits he regrets how the purchase went down, which included him acquiring the master rights to Swift’s first six studio albums. At the time of acquisition, Braun received major backlash from Swift fans who labeled him as a bully for buying her hard-earned work.
… All of what happened has been very confusing and not based on anything factual,” he now says.
She and I only met briefly three or four times in the past, and all our interactions were really friendly and kind.
Braun ended up selling the Swift assets to a private equity company called Shamrock Holding, which Variety reports netted him $160 million.
The one thing I’m proudest of in that moment was that my artists and team stood by me.
Braun is featured as Variety’s Music Mogul of the Year.
“Success is a game of chess, and sometimes on that chessboard, people don’t see what you’re doing until four or five moves in.